CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,376.9	$ 1,595.5
Accounts receivable, net of allowance for credit losses of $57.9 and $53.8, respectively	1,342.2	1,234.2
Inventories	1,162.5	1,001.1
Other current assets	309.6	219.6
Total current assets	4,191.2	4,050.4
Property, plant and equipment, net of accumulated depreciation of $567.4 and $500.8, respectively	853.1	711.4
Goodwill	8,206.2	6,609.7
Other intangible assets, net	4,445.8	3,611.1
Deferred tax assets	30.3	31.5
Other assets	479.6	549.4
Total assets	18,206.2	15,563.5
Current liabilities:
Short-term borrowings and current maturities of long-term debt	2.9	30.6
Accounts payable	743.8	801.2
Accrued liabilities	1,028.9	995.5
Total current liabilities	1,775.6	1,827.3
Long-term debt, less current maturities	4,782.5	2,693.0
Pensions and other postretirement benefits	153.1	150.0
Deferred income tax liabilities	802.7	612.6
Other liabilities	358.1	433.9
Total liabilities	7,872.0	5,716.8
Commitments and contingencies (Note 18)	0.0	0.0
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 430,614,342 and 428,589,061 shares issued as of September 30, 2024 and December 31, 2023, respectively	4.3	4.3
Capital in excess of par value	9,614.9	9,550.8
Retained earnings	2,281.8	1,697.2
Accumulated other comprehensive loss	(202.1)	(227.6)
Treasury stock at cost; 27,252,719 and 25,241,667 shares as of September 30, 2024 and December 31, 2023, respectively	(1,431.3)	(1,240.9)
Total Ingersoll Rand Inc. stockholders’ equity	10,267.6	9,783.8
Noncontrolling interests	66.6	62.9
Total stockholders’ equity	10,334.2	9,846.7
Total liabilities and stockholders’ equity	$ 18,206.2	$ 15,563.5